Day: March 31, 2011
31 articlesCustom Duty

Custom Duty
Regarding compliance for revision in the Customs part of Arrival Card for Passengers in Form ‘D’ – Notification issued by Ministry of Home Affairs
Custom Duty

Custom Duty
Notification No. 25/2011 – Customs (N. T.) amends Notification No. 36/2001-Cus (N. T.), dated, the 3rd August 2001
Excise Duty

Excise Duty
Cenvat Credit (Third Amendment) Rules, 2011 – Amendment in rules 4, 6 and 9
Excise Duty

Excise Duty
CBEC circular comes into effect on the date of issue & not from date when it is notified
Income Tax

Income Tax
If assessee show that there was reasonable cause for taking money in cash, and amount did not also represent unaccounted money either of assessee or of persons from whom they were taken, normally it is sufficient to hold that penalty under section 271D is not justified
Corporate Law

Corporate Law
Consolidated FDI Policy (Effective from 1-4-2011)
Fema / RBI
Fema / RBI
FEMA – Export of Goods and Software – Realisation and Repatriation of export proceeds – Liberalisation
Corporate Law

Corporate Law
Govt liberalises FDI policy to boost inflows
Service Tax

Service Tax
Collection of electricity bills and telephone bills on behalf of electricity boards and telecom companies is not taxable under Business Auxiliary Service
Service Tax

Service Tax
Service Tax – 20% restriction under Rule 6(3) of the CENVAT Credit Rules 2004 not applicable to credit availed on capital goods
Excise Duty

Excise Duty
Commissioner of Customs and Central Excise Vs. ITW India Limited (Andhra Pradesh High Court)
Corporate Law

Corporate Law
NBFCs can't be partners in partnership firms- RBI
Company Law

Company Law
Compulsory Filing of Balance Sheet and profit and Loss Account in eXtensible Business Reporting Language (XBRL) mode
SEBI

SEBI
